Category Archive: Uncategorized

Aug
10

Chicken, Coffee, and Market Morality

Last week I took my children to Chick-fil-A for lunch.  It was the day after the Chick-fil-A appreciation day, but it was still packed.  I chose to go to lunch there for three primary reasons.  The first was that I had two good coupons which made lunch inexpensive.  The second was that they have a …

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Permanent link to this article: http://new.wkubbtcenter.com/2012/08/10/chicken-coffee-and-market-morality/

Aug
02

Government and Entrepreneurship

If everyone did the same thing they did yesterday, the economy would never grow.  For thousands of years in human history, people did roughly the same thing every day.  They did the same thing their parents and their grandparents did.  Mainly this involved planting, reaping, hunting, and gathering with rudimentary tools.  Life, as Thomas Hobbes …

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Permanent link to this article: http://new.wkubbtcenter.com/2012/08/02/government-and-entrepreneurship/

May
24

In Search of the Good Life

The OECD (Organization for Economic Cooperation and Development) this week came out with their 2012 How’s Life? Survey.  Rather than just comparing per capita incomes between countries, the OECD has created a quality of life index based on eleven different criteria.  They are: housing, income, jobs, community, education, environment, civic engagement, health, life satisfaction, safety, …

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Permanent link to this article: http://new.wkubbtcenter.com/2012/05/24/in-search-of-the-good-life/

Apr
11

Fairest in the Land

“Mirror, mirror upon the wall, Who is the fairest of all?” The mirror answered – “Thou, O Queen, art the fairest of all,” And the Queen was contented, because she knew the mirror could speak nothing but the truth, Little Snow White – Grimm’s Fairy Tales The queen in Snow White’s story got awfully upset …

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Permanent link to this article: http://new.wkubbtcenter.com/2012/04/11/fairest-in-the-land/

Feb
24

The Sixth Day

Commandment number 4 (3 in the Catholic and Lutheran tradition) of the famous Ten Commandment is commonly referred to as the commandment relating to taking a sabbath.  Exodus 20 8-11 provides the text of the commandment: “Remember the sabbath day to keep it holy.  Six days shalt thou labor and do all thy work; but …

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Permanent link to this article: http://new.wkubbtcenter.com/2012/02/24/the-sixth-day/

Feb
10

Capitalism: Because we Care about the Poor – and Everyone Else

A true capitalist thinks there are two groups of people, the rich, and the soon to be rich.  A true capitalist understands that engaging in voluntary exchanges made by private individuals in the context of clearly defined and protected property rights, makes each party engaged in the trade better off.  A true capitalist would never …

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Permanent link to this article: http://new.wkubbtcenter.com/2012/02/10/capitalism-because-we-care-about-the-poor-%e2%80%93-and-everyone-else/

Jan
31

Of Bushels, Lights, and Cuba

Ronald Reagan once referred to the US as a shining city on a hill.  The idea was that the political and economic freedom the US represented should be an example for others to follow.  If the US is supposed to be shining city, why does it cover up its light when it comes to engagement …

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Permanent link to this article: http://new.wkubbtcenter.com/2012/01/31/of-bushels-lights-and-cuba/

Dec
19

The Economy Got Run Over by the Government

Last Christmas, I brought you Twas the Night Before the Bond Traders Stole Christmas.  In that spirit, this year’s Christmas edition of Capitalism Today is The Economy Got Run Over by the Government. For those unfamiliar with the reference, the following prose is best understood to the tune of Grandmother Got Run Over by a …

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Permanent link to this article: http://new.wkubbtcenter.com/2011/12/19/the-economy-got-run-over-by-the-government/

Nov
22

Thankstaking

Thanksgiving was first celebrated, so the story goes, by Pilgrims and Native Americans in the fall of 1621.  The bountiful harvest of that fall gave the European settlers at Plymouth Rock hope for a brighter tomorrow.  They had seen 46 of their original 102 aboard the Mayflower die during their first year in the new …

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Permanent link to this article: http://new.wkubbtcenter.com/2011/11/22/thankstaking/

Nov
14

Art Laffer and Herman Cain meet Religion

From President Obama’ 2010 deficit commission to 2012 presidential candidates to (hopefully) the current congressional deficit “super committee”, people have been talking about reducing marginal income tax rates in exchange for reducing the number of exemptions and deductions in the tax code (tax expenditures).  Economists have long argued that decisions are made on the margin.  …

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Permanent link to this article: http://new.wkubbtcenter.com/2011/11/14/art-laffer-and-herman-cain-meet-religion/

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